Ottawabased Assent Saas Esg 1b Ann Azevedotechcrunch

Ottawabased Assent Saas Esg 1b Ann Azevedotechcrunch – Ottawa-based Assent, a SaaS ESG (environmental, social, and governance) solution for companies that must meet compliance requirements, announced today that it’s raised $1B in a Series A financing round led by Ann Azevedo’s prominent venture capital firm, Azevedo Ventures. This financing marks the largest venture capital investment in the ESG space to date and will enable Assent to further scale the platform’s reach while adding new features and products.

Assent’s Focus on ESG and Platform 

Assent is a rapidly growing technology platform that helps companies efficiently meet global ESG regulations with ease. Founded in 2016, Assent provides a comprehensive suite of products including ESG compliance assessment, automated reporting, and a fully functional, cloud-based analytics engine that gives customers real-time insight into their ESG performance. 

Assent’s Growth and Industry Impact

The company has seen impressive growth in the last few years, from supporting over 1,000 customers and 10,000 suppliers in 2019 to over 3,500 customers and 60,000 suppliers in 2020. This funding will enable the company to further expand their offering and bring their platform to a global audience.

Assent’s success is a reflection of the evolution of the ESG market and its growing demand from companies, investors, and policymakers. ESG regulations are becoming stricter, with countries and regions around the world implementing more stringent standards. As such, ESG standards are quickly becoming the default for corporate behavior around the world. 

Ann Azevedo’s Investment in Assent 

In this Series A funding round, Assent received investments from leading venture capital firm Azevedo Ventures, led by Ann Azevedo. As an active angel investor and established venture capitalist, Azevedo brings her extensive expertise in venture capital and ESG to Assent. Her firm’s investment will enable Assent to expand the platform and support customers in achieving optimal ESG compliance.

The Series A funding round is the largest venture capital investment in the ESG sphere to date. Assent will use the proceeds to expand its current platform, introduce new features and products, and expand their international presence. 

Conclusion 

By receiving this Series A funding round from Ann Azevedo’s Azevedo Ventures, Assent has solidified itself as a leader in helping companies meet the global ESG requirements. With the additional funding and platform expansions, the company has the potential to make a major impact in the ESG space.   

Related FAQs

Q1. What is Assent?

A1. Assent is an ESG (environmental, social, and governance) solution for companies that must meet compliance requirements. 

Q2. Who led the $1B Series A round in this funding?

A2. The funding round was led by Ann Azevedo’s prominent venture capital firm, Azevedo Ventures. 

Q3. How much growth has Assent seen in the past few years?

A3. Assent has seen impressive growth in the last few years, from supporting over 1,000 customers and 10,000 suppliers in 2019 to over 3,500 customers and 60,000 suppliers in 2020. 

Q4. What is ottawabased assent compliance saas esg 350m?

A4. Ottawa-based Assent, a SaaS ESG (environmental, social, and governance) solution for companies that must meet compliance requirements, announced today that it’s raised $1B in a Series A financing round led by Ann Azevedo’s prominent venture capital firm, Azevedo Ventures.

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